Use the fields above to estimate business loan costs.
If you have a PayPal business account and use it to accept card payments online or in person, you may be able to also get funding for your business through it. PayPal Working Capital’s business loans take the form of merchant cash advances, which means you pay the loan back as a percentage of your PayPal sales.
It isn’t necessarily the cheapest type of business finance, but it allows great flexibility by avoiding fixed monthly payments. Instead, the repayment amount depends on how much you make, so if you have some difficult months during which your sales are a bit stagnant, you’ll pay less. The cost of the loan is fixed and isn’t influenced by how long it takes you to pay it back.
You can easily apply online and the application process is based on your past PayPal account activity, so you won’t need to put together a huge folder full of documents. You can use the loan to consolidate your business, take it to the next level or face an unexpected expense, and it’s more suitable to businesses whose cash flow is irregular or unpredictable.
To make comparing even easier we came up with the Finder Score. Costs, speeds and features across 50+ lenders are all weighted and scaled to produce a score out of 10. The higher the score the better the lender – simple.
Read the full methodologyTo make comparing even easier we came up with the Finder Score. Costs, speeds and features across 50+ lenders are all weighted and scaled to produce a score out of 10. The higher the score the better the lender – simple.
Read the full methodology| Minimum trading period | Not specified |
|---|---|
| Loan terms | Terms not specified |
| Loan amounts | From £1,000 to £225,000 |
| Minimum turnover | £9,000 in PayPal sales annually |
Eligibility criteria to be able to apply for Paypal Working Capital include the following:
PayPal UK is rated ‘Bad’ on Trustpilot with a score of 1.2 (updated October 2024). Customers criticised its customer service and the time it takes to receive money from another person or sale.
For any queries, you can fill out an online form found on the PayPal website, or you can call customer support on 020 794 93272.
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